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A Gambler's Streak?: What drives Chancellor Kwasi Kwarteng - BBC Newsnight 

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As Britain's new Chancellor Kwasi Kwarteng delivers a historic mini-budget, what's behind the man whose decisions will affect us all?
From Eton to Trinity College, Cambridge and even appearing on University Challenge in 1995, clues can be found in how Kwasi Kwarteng thinks.
Drawing inspiration from prominent economist John Maynard Keynes, and his analogy of a Chancellor as a chess player preventing opponents from going a few moves ahead.
Newsnight's Political Editor Nick Watt investigates what makes him tick and speaks to Conservative MP George Freeman, Dame Margaret Hodge and friends from Kwarteng's university days.
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14 май 2024

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Комментарии : 842   
@Jimdixon1953
@Jimdixon1953 Год назад
To everyone saying he has a PhD in economics, he has a PhD in economic history, specifically “Political thought of the recoinage crisis of 1695-7” is that going to be much use to him now?
@MrBabylon
@MrBabylon Год назад
I didn't know that, that's bloody hilarious 😂😂😂 I know a paper bag with better credentials.
@BarriosGroupie
@BarriosGroupie Год назад
Yes, I fell for that as well: He went to Trinity college Cambridge to read... classics and history. I'm afraid it also reflects the incompetence of Liz Truss IMO, possibly trying to get as many brown people on her cabinet as possible to show the Conservative party is there for the competent regardless of race, which is ironicially laughable.
@hazelkos-mcconnachie9806
@hazelkos-mcconnachie9806 Год назад
True macro-economics is completely different to MICRO-economics and running the Exchequer - lol - recoinage is his speciality + pound now unsound..and we NOT in clear waters now - BoE warned this devaluation is peculiar to UK alone- not about Ukraine- and I fear for my pension and all state and local govt. coffers when markets destabilise again- the Pound could end up at 0:98 cents if Truss + co refuse to reverse budget..Shocking govt not recalled Parliament - all these developments are HISTORIC and leave us NAKED and AFRAID !! And TRUSS has achieved her wish to be UNPOPULAR and CONTROVERSIAL- in midst of a COL crisis this is truly dreadful news..
@hazelkos-mcconnachie9806
@hazelkos-mcconnachie9806 Год назад
@@BarriosGroupie DItto !!
@syedadeelhussain2691
@syedadeelhussain2691 Год назад
Economic history teaches an economist far more than mathematical charlatanism. Many of the top economists working as policymakers have a degree in economic history, most of them trained by the likes of Oxford University, LSE, Lund University, and so on, etc.
@WhoOneIs
@WhoOneIs Год назад
Kwasi Kwarteng has a Phd in economic history. In the last month, he has acquired one in crashing the economy. His tenure as Chancellor is now history.
@70AD-user45
@70AD-user45 Год назад
He has a double first in classics and history. I didn't know about the PhD.
@ivermektin6874
@ivermektin6874 Год назад
All these Oxbridge types have been told they are exceptional their entire lives and don't think basic math applies to them or their governments budgets.
@j.harrison6744
@j.harrison6744 Год назад
Admit it, you just hate him because he's an intelligent black man and not your ideological slave. Racist!
@pfchim2012
@pfchim2012 Год назад
The main problem is the Oxbridge to Westminster pipeline without being disciplined and moulded in a proper job. So they think being clever and getting good grades in school and university means they can do anything. Some like Mogg and John Redwood don't actually care about the average person too, they have small funds so want to line their pockets and those of their friends too.
@marcusmacarthur7039
@marcusmacarthur7039 Год назад
He looks the perfect _antithesis_ of an Oxbridge grad. He'd be the last person most people would suspect was an Oxbridge grad.
@evo8power228
@evo8power228 Год назад
You must be racist
@leel9186
@leel9186 Год назад
@@marcusmacarthur7039 why do you say that? Watch an interview with him for five minutes and you can see is has the exact same academic-snob, entitled elitist stance as the rest of them.
@boxtv1499
@boxtv1499 Год назад
Looks like he’s gonna Kami-Kwasi our economy 😅
@johnchibona8807
@johnchibona8807 Год назад
See what you did there 😅
@Peggyg13
@Peggyg13 Год назад
Very clever ! 😊
@onlineonlineaccount2368
@onlineonlineaccount2368 Год назад
Oke that's a good one lol 😅
@ahaastrup9452
@ahaastrup9452 Год назад
😂😂😂😂
@charleswhite758
@charleswhite758 Год назад
So far ethnically-"diverse" cabinet ministers have been nothing to write home about - other than them writing to the cousins back home in the village "look at me"!
@ivermektin6874
@ivermektin6874 Год назад
Can I just get a GP appointment please.
@hmq9052
@hmq9052 Год назад
Take ivermectin and shut up
@mi3helle707
@mi3helle707 Год назад
Shshhhhh, stop asking for too much 💀🤫😅
@theproblemmustbeinyourpant5910
It's soup and asprin for you my friend
@ydnallah1541
@ydnallah1541 Год назад
The quicker we’re rid of those 2 muppets, the better
@tallbillbassman
@tallbillbassman Год назад
Confidence, boldness, intellectualism, assertion: it will melt away like snow in the sun when plain arithmetic hits. This piece almost wilfully ignores the facts.
@DarkBrandonForever
@DarkBrandonForever Год назад
Lol you mad?
@j.harrison6744
@j.harrison6744 Год назад
Racist dog-whistle.
@tangodelta7617
@tangodelta7617 Год назад
Indeed, Bill. And people still think the BBC is leftwing. It is basically at this point an offshoot of the Tory Central Office.
@ibdaramy7261
@ibdaramy7261 Год назад
@Bill Dixon - get your politicians to sanction the World's #1 oil and gas exporter and see what happens. It is called inflation.
@Esta-Beed
@Esta-Beed Год назад
@@DarkBrandonForever more pertinente is ARE YOU MAD, Truss was 😂
@philipvjones397
@philipvjones397 Год назад
5 days later and this has blown up in all our faces. Possibly the most ill-timed hagiography ever. Both of these clowns should be packing their bags immediately.
@lukealadeen7836
@lukealadeen7836 Год назад
You must be happy now
@anneshussain9918
@anneshussain9918 Год назад
what drives him? probably money and killing off the lower class
@Sammit00
@Sammit00 Год назад
Well that was terrifying.
@lionking789
@lionking789 Год назад
If he wants to change things so radically, he should do it with a general election vote, not here where no one has told him to anything this crazy
@NeoFreshair
@NeoFreshair Год назад
You want GE to vote Labour who are just as bad as Tories! Like supporting lockdowns, face masks + jabs mandates, climate change and now support for Ukraine! Labour not different at all!!!
@91Durktheturk
@91Durktheturk Год назад
The most radical policy ever, lockdown, was supported by both parties, whilst there being no such thing in the election manifestos. This 'radical' change is peanuts compared to that.
@James-st9uu
@James-st9uu Год назад
A general election will do nothing. All polticians are incompetent
@70AD-user45
@70AD-user45 Год назад
There doesn't have to be another election for another 2 years. We have a parliament not a president.
@mvd241997
@mvd241997 Год назад
These looneys are driving the car of the cliff! And the worst thing is, we are in the backseat.
@BU4U
@BU4U Год назад
Well said! 😥
@lw1zfog
@lw1zfog Год назад
6uilding 6ack 6etter, Ordo ab Chao
@airzulu2733
@airzulu2733 Год назад
It's bloody frightening. God help us .
@terrygrady8413
@terrygrady8413 Год назад
He studied the classics, say no more.
@titteryenot4524
@titteryenot4524 Год назад
Don’t knock Classics, mate. After all, Latin is the one of the only languages about which you can say to the learner, “your skill is declining,” and mean it as a compliment! 🧐
@whitesun264
@whitesun264 Год назад
@@titteryenot4524 I didn't realise 'classics' referred to greek / roman texts, I had assumed it related to 16th / 17th Century British literature
@titteryenot4524
@titteryenot4524 Год назад
@@whitesun264 Nah, mate. Right back to the beginning of modern life as we know it, Jim.😉
@benusmaximus3601
@benusmaximus3601 Год назад
So did I - great subject!
@lw1zfog
@lw1zfog Год назад
he used to do it with Amber Rudd, say no more
@kennethvenezia4400
@kennethvenezia4400 Год назад
Yes, you're right. Kwasi is breaking new ground. Unfortunately he will leave a huge hole that will swallow up a large chunk of the English population that is already suffering immensely. Fortunately this current crop of Tories probably won't be around very long. My heart goes out to you, my British cousins. Love from the US💜
@ollieclegg9814
@ollieclegg9814 Год назад
I agree - even Tory voters are beginning to see through it now. One big club for the rich
@ThePierre58
@ThePierre58 Год назад
USA have Joe, I will take Liz over a walking corpse any time.
@davidoneill913
@davidoneill913 Год назад
Tory voters deserve the pain , the rest of us don't.
@jamilas3982
@jamilas3982 Год назад
@@davidoneill913 After Kwasi-modo's mini budget, I think they will be gone in 18 months. Lets hope the economy's not too crippled before they get voted out
@marcusmacarthur7039
@marcusmacarthur7039 Год назад
I have a theory. The new finance minister has a deep, insatiable hatred for white folks because of what they did to his ancestors and he now wants revenge but wants to do it in a way that hides his true intent. He has, in just two short weeks, made the £££ sink to its lowest level against the $$$ since 1984. That is quite an achievement given he's been in power for just 14 days or so. I suspect more is to come. He just wants payback for centuries of oppression of his people.
@springchicken893
@springchicken893 Год назад
To gamble with a nation like that is criminal. Especially a country that is already on its knees.
@mogznwaz
@mogznwaz Год назад
We’re not on our knees ffs. No one I know has yet been affected in the slightest - except psychologically by the relentless crisis headlines telling them they’re affected.
@permabear6025
@permabear6025 Год назад
@@mogznwaz Yes the multidecade high inflation, record personal, corporate and sovereign debt plus giant housing bubble and all-time weak pound is just a figure of our imaginations…
@TheGalifrey
@TheGalifrey Год назад
Not surprising he read classics, he is trying to take us back to Dickensian times
@jj-gz9xd
@jj-gz9xd Год назад
Actually, 'classics' is referring to studying latin and ancient greek, so taking us back a weeny bit more...
@Jimdixon1953
@Jimdixon1953 Год назад
I’m not sure than having all these former Classicists and Historians in government has worked out well over the years, and I say that as someone with a History degree!
@nibnob3850
@nibnob3850 Год назад
Judgeing by that analogy he thinks brexit will just turn out in about 100 years and our great grandkids will be thankful we suffered for them. God help us
@pete8349
@pete8349 Год назад
Just got to get through this next century of bloodshed and we'll be fine.
@stevelam5898
@stevelam5898 Год назад
Isn't that the truth..
@Francois1807
@Francois1807 Год назад
love the intro. they do it for all these types: 'exceptional', 'intellectual', 'cerebral'. ok, then, gimme both barrels, kwasi, you're chancellor now - what you got for us? him: ummm, some more tax cuts and then we'll just borrow to cover the gaping hole in our accounts. an ordinary person - a milkman, a nurse, ANYONE - would be better at this than any of these oxbridge vipers.
@titteryenot4524
@titteryenot4524 Год назад
A chaffeur-driven Bentley, I should imagine.
@keltiquewood
@keltiquewood Год назад
3:09 Oops - the markets didn't show much confidence in his mini budget last Friday - did they?!!!
@NosyFella
@NosyFella Год назад
Great timing
@julianshepherd2038
@julianshepherd2038 Год назад
Brexiteers "We knew what we were voting for."
@ivermektin6874
@ivermektin6874 Год назад
The gammons are probably happy with this.
@theSPUK901
@theSPUK901 Год назад
I’m not, he’s just trying save the status quo from collapse, if he can do that, I’d give him credit because it’s impossible
@sharonwashington8150
@sharonwashington8150 Год назад
Not me I never ever got that DESPERATE!!!!
@johnwhitson5923
@johnwhitson5923 Год назад
They may have known what they were voting for Julian but alas they never got it with the deal that Boris signed with the EU . He kept bragging that he got Brexit done but in reality it was the people of the UK that were done by him .
@ezeee595
@ezeee595 Год назад
Liz and Kwasi - the best comedy act since laurel and hardy!!! It is madness, reckless and thoughtlessly stupid
@gyaegyimienay3adwuma515
@gyaegyimienay3adwuma515 Год назад
Ur typical ignoramus!
@netyoda
@netyoda Год назад
@@gyaegyimienay3adwuma515 And you're a right wing racist moron? These incompetents have destroyed the UK.
@Esta-Beed
@Esta-Beed Год назад
@@gyaegyimienay3adwuma515 nope you have been proven to be ignorant 😊
@allenpayne6893
@allenpayne6893 Год назад
This isn't Keynesian economics it's simply madness an abuse of Keynesian principles in reality a mad gamble at the roulette table at the worst possible time.
@Sbudre
@Sbudre Год назад
It's actually precisely what Keynes advocated for.
@markmoran916
@markmoran916 Год назад
@@Sbudre No it’s not....it’s the complete opposite. Are you sure you actually understand Keynes? 🙄
@Sbudre
@Sbudre Год назад
@@markmoran916 why don't you educate me?
@sterlingweston
@sterlingweston Год назад
its not Keynesian at all, and that's a good thing.
@sterlingweston
@sterlingweston Год назад
@Steve Aaron that's a good summary of Keynes. But interest rates will go up incentivising saving over spending, which is not very Keynesian, and Kwarteng is smart and most likely knew/wanter higher interest rates. Keynesian moneyary stimulus tends to lessen the short-term impact of recession, but heighten the long-term chance of a greater recession, because increased spending and artificially low interest rates curb the purging of Mal-investments built up in a business-cycle which occurs during a recession.
@mackysplace
@mackysplace Год назад
So the team captain for Trinity is my old maths teacher! Ha!
@jakescott6927
@jakescott6927 Год назад
Ask him what he thinks of Kwarteng!
@defaultdefault812
@defaultdefault812 Год назад
How does somebody with a degree in classics become a chancellor?
@trishtraynor
@trishtraynor Год назад
He's been on University Challenge....🤣🤣🤣
@defaultdefault812
@defaultdefault812 Год назад
@@trishtraynor so? What's that got to do with maths or economic modelling? Do you not think someone like an actuary or with a PhD in economic modelling would have more of an idea of what they were doing?
@Isewein
@Isewein Год назад
As it so happens, he has got a PhD in Economics...
@defaultdefault812
@defaultdefault812 Год назад
@@Isewein No. He has a PhD in economic HISTORY.
@vinay7397
@vinay7397 Год назад
He has Dunning-Kurger syndrome, he studied Greeks and Romans at Cambridge so he knows better than everyone else.
@gottfriedking
@gottfriedking Год назад
Any Ghanaian here? 😊
@defmax29
@defmax29 Год назад
Ah The Classics. What better knowledge to have to run as chancellor.
@SoSo-li6dn
@SoSo-li6dn Год назад
with history
@SmokeyJ69
@SmokeyJ69 Год назад
All you politicians live in a bloody bubble
@velcro8299
@velcro8299 Год назад
This guy is now a documentary.
@sextonblake4258
@sextonblake4258 Год назад
Good thing the weekend arrived when it did. A couple of days to calm things down might be all that stands in the way of the pound dropping right through parity
@mogznwaz
@mogznwaz Год назад
Good fur exports
@thekentishpilgrim
@thekentishpilgrim Год назад
What the hell was that? Looks like an ad paid for by the Kwasi for Chancellor campaign. BBC fail.
@MosherMike
@MosherMike Год назад
I'm looking forward to see the result of this personally. It'll be interesting.
@sirxenon6855
@sirxenon6855 Год назад
What do you think of the result so far?
@Unknown-ol2uh
@Unknown-ol2uh Год назад
Well it was definitely interesting
@californiadreamin8423
@californiadreamin8423 Год назад
The pound has fallen 1.5% against the dollar and euro following Kwartengs mini budget. The markets know something Kwartengs doesn’t. EDIT: On Friday evening the pound had dropped, ( and stayed there ) , 4.94% against the dollar. 2.21% against the euro.
@sebastianguerre6868
@sebastianguerre6868 Год назад
The markets want certainty, they don't want wild cats. If you understand the laffer curve and Reaganomics then the government's policy makes sense. It would be a bigger risk to carry on the way we are. Having said that it could all go very badly. I guess we'll all find out in about 5 years unless the Conservatives lose the next general election.
@onlineonlineaccount2368
@onlineonlineaccount2368 Год назад
@California Dreamin...The pound was already falling its not like as if KK came on the scene and all of sudden the pound fell by 1.5%
@dibblerd986
@dibblerd986 Год назад
Not releasing the OBR forcast was a huge alarrm bell.
@eightiesmusic1984
@eightiesmusic1984 Год назад
@@dibblerd986 The Treasury has seen a draft of the OBR report according to The Guardian and it does not look good. They do not want it to be released officially which is why it was not commissioned because it will undermine their case- the numbers simply do not add up. The OBR has done a report anyway and no doubt it will leak in the next few days as the pound falls further. A run on the pound is very possible and there is talk of letters of no confidence going in about Truss as Prime Minister.
@californiadreamin8423
@californiadreamin8423 Год назад
@@onlineonlineaccount2368 At what rate was it falling before today ? You need to wake up. Channel 4 news shows in detail the effect on our economy and the adverse reaction of the markets. It is the taxpayer, that includes you, who will suffer.
@buntyjoy1800
@buntyjoy1800 Год назад
Austerity 2 coming soon.
@sutats
@sutats Год назад
It always works out in the end.
@Arthur_King_of_the_Britons
@Arthur_King_of_the_Britons Год назад
The country can't physically pay back the money that Brown, Darling, Osborne, Hammond, Javid, Sunak, and Zahawi borrowed, so Kwarteng will just borrow more. So glad the adults are in charge
@lyndamccaffrey4957
@lyndamccaffrey4957 Год назад
Having regrets about who you voted for, Frosty?
@jamesclarke2789
@jamesclarke2789 Год назад
@@lyndamccaffrey4957 he didn't mention who he voted for
@Arthur_King_of_the_Britons
@Arthur_King_of_the_Britons Год назад
@@lyndamccaffrey4957 Why should I think that Labour would borrow less money when they have always advocated for more government borrowing and been right behind all of the disastrous Leftist policies like mass immigration, net zero, and nationwide Lockdowns of the tories?
@charleswhite758
@charleswhite758 Год назад
Sadly this is the Achilles Heel of democracy. No democratic government can win an election promising to increase taxes. At some point we will need an authoritarian government to restore the country to balance and common sense. Not particularly looking forward to that, but it's inevitable. We have been experimenting with full democracy only since the 1832 Reform Act and more exactly the Equal Franchise Act of 1928 that gave women the same voting rights as men. We are still in an experimental model. So how's it going so far? 🤔🤔
@gengrant5291
@gengrant5291 Год назад
Bullshit your way until the last sucker has no moves left. The empire's final nails being hammered in.
@gerrytowie9618
@gerrytowie9618 Год назад
An oddball, just like Mogg and Johnson.
@wlsn77
@wlsn77 Год назад
The country is buggered, smart money are fleeing the capital.
@cocos8903
@cocos8903 Год назад
Transfering of citizens wealth. Which they've been syphoning off for years by changing addresses. UK Judicial.....crickets.
@swampy1234
@swampy1234 Год назад
Probably the best time to be here is right now mate
@sojounourtruth2980
@sojounourtruth2980 Год назад
@@swampy1234 yup preferably walking along the sewage infested beaches
@honourthefire9182
@honourthefire9182 Год назад
Let them flee, much of it is dirty money anyway.
@mogznwaz
@mogznwaz Год назад
That’s weird because apparently this budget was all for them
@crissieroserose
@crissieroserose Год назад
Well said Dame Margaret !!
@jamessquare
@jamessquare Год назад
One can tell some of these women friends had a good time with him back in the old days.
@chaselee86
@chaselee86 Год назад
BBC
@malcolmhansford2989
@malcolmhansford2989 Год назад
Timing of these announcements clumsy , should have waited until this Friday after the Labour party conference. Just gave the Maxists a political weapon to use
@williamsmith9921
@williamsmith9921 Год назад
Running deficits of this magnitude will not work with the Money Printer set to OFF due to inflation constraints, rates will rise accordingly to clear market demand/supply, and the pound will depreciate. I guess at least Europe is also staring down similar demands on it's own bond markets heading into Winter so UK won't be alone in it's experiment, combined with a stubborn Bank of Japan, and a China with increasing pressure on the Yuan to devalue, the USD is a runaway safety train rn.
@josefserf1926
@josefserf1926 Год назад
"Keep those bank interest repayments going Kwasi, or you know what will happen. No one is irreplaceable."
@richardfardell3907
@richardfardell3907 Год назад
Making bold decisions. Easy when it's not your money you are gambling with.
@kicka11
@kicka11 Год назад
Great to see some pompous guy, who studied classics, now wrecking the futures of our kids. I mean why have anyone with financial credentials? The analogy to the English reformation is one of the most embarrassing things I’ve ever heard.
@problemsolverthinktank859
@problemsolverthinktank859 Год назад
This country has a class issue.
@bd3199
@bd3199 Год назад
If you think this is a new policy experiment the US has tried this multiple times since Reagan became the first to do it in 1981. The Reagan administration did it and lowered the top tax rate from 70% to 50% in 1981. Then they went down from 50% to 28% in 1986. All it did was punch a big hole in the budget and government debt was tripled from 1981 to 1989. Then George W Bush did similar tax cuts in 2001 and 2003 with similar results. The Trump administration did the same in 2017 under the pretext that it would cause massive economic growth and that the tax cut would pay for itself and of course none of these predictions came true.
@eightiesmusic1984
@eightiesmusic1984 Год назад
Correct analysis. Even Thatcher waited until 1988 to reduce the top rate of tax for high earners from 60 to 40 pence in the pound.
@bd3199
@bd3199 Год назад
@@eightiesmusic1984 I was unaware and didn't know about any examples of massive tax cuts for the wealthy in the UK. I talked about examples in the US because I was more familiar with them. I'm not surprised that Thatcher also did large scale tax cuts. Didn't the Tory governments since 2010 try to repeat them?
@johnchessant3012
@johnchessant3012 Год назад
and ... he's already gone. that was fast lmao
@pheoix
@pheoix Год назад
Watching this from the USA.... Either this guy will come out as a genius of the ages or send back England to the dark ages...
@Kira-ji5pr
@Kira-ji5pr Год назад
Dark ages it is…it’s not the guy, world took a wrong turn in 2020😢
@stephenellis2866
@stephenellis2866 Год назад
Very impressive
@jimmyjemal8802
@jimmyjemal8802 Год назад
Massive gamble which like Brexit I'll be shocked if it's works for Britain. A gamble the British public will pay for.
@myworld8266
@myworld8266 Год назад
Greed - Arrogance - poor education - ignorance - and the ability to follow orders from his masters.
@lw1zfog
@lw1zfog Год назад
Ordo ab Chao
@thokozanembehle4177
@thokozanembehle4177 Год назад
I am inspired❤️
@alijojo6161
@alijojo6161 Год назад
His name sounds like the sound the falling pound makes on reaching the groundKWASI-KWERTANG!
@gapjsampa
@gapjsampa Год назад
The beginninng of this video has Chopin's 19th prelude as background music. It does not get chiquer than that.
@bryanlee7295
@bryanlee7295 Год назад
Good luck Britain, see you soaring in another 100 years or so.
@stevelam5898
@stevelam5898 Год назад
Sort and swallow? That's what we were thinking in 2010 in Greece too.
@African.Diaspora.InLondonUK
When did gambling in government become an official government department?
@vincentrees4970
@vincentrees4970 Год назад
The last good Tory was Maggie Thatcher, and look how that turned out.
@Esta-Beed
@Esta-Beed Год назад
Dame Margeret Hodge called him for what he is
@ageoflove1980
@ageoflove1980 Год назад
Why is this reporter at 02:30 talking to us like we are children? And why this really weird slow mo of this guys face at 03:03? Is anyone even reviewing this stuff before airing?
@joprocter4573
@joprocter4573 Год назад
Personality n quality
@cadenambrose837
@cadenambrose837 Год назад
Song name in the begning??
@Scanini
@Scanini Год назад
The worst part is the EU WILL tax the power companies who in turn will pay that wind fall from our borrowing... Truss is off her rocker.
@himoffthequakeroatbox4320
@himoffthequakeroatbox4320 Год назад
Would you expect someone with a PhD in Art _History_ to be able to paint? As for his BA in classics, I'm sure knowing all about the olden days when men wore dresses is directly applicable to the job.
@hiigara2085
@hiigara2085 Год назад
Greed.
@stevenhodgson4227
@stevenhodgson4227 Год назад
This hasn't aged well. And his degree was in hospitality management.
@rimarenblanc5133
@rimarenblanc5133 Год назад
I will never ever forgive this “intellectual” man
@mharbinson8952
@mharbinson8952 Год назад
I don't think the prime minister is worse as the bar was so low but I think the new cabinet is absolutely awful 😕
@MrAvocado575
@MrAvocado575 Год назад
Liz Truss forms most diverse Cabinet in history with no white males in top jobs For the first time, none of the Great Offices of State is held by a white man.
@eon7125
@eon7125 Год назад
Where do they find these people?
@JamesSmith-qs4hx
@JamesSmith-qs4hx Год назад
What you are seeing ladies and gentlemen, is the bell curve in action.
@xensonar9652
@xensonar9652 Год назад
Pseudoscience.
@onlineonlineaccount2368
@onlineonlineaccount2368 Год назад
@James Smith you think you are slick with your subliminal psuedo racial gibbirish. He someone who are you just a typical d***head behind your screen using typical alt-right/yte nationalionist rubbish propaganda. 🤣🤣 Did your girlfriend leave you for another man James ?
@1416edward
@1416edward Год назад
Wild analogy on the Reformation! A century of misery, anyone?
@hasanchoudhury5401
@hasanchoudhury5401 Год назад
What a spectacular fiasco ! Sad for the British people.
@GeorgeAAspros
@GeorgeAAspros Год назад
He reminds me of a certain character from The Wind in the Willows
@poultonreal
@poultonreal Год назад
Bank of England printing money again, GENIUS POLITICIAN. 🤜💩
@julianshepherd2038
@julianshepherd2038 Год назад
borrowing
@hoah
@hoah Год назад
@@julianshepherd2038 same difference. Interest up. Debt up.
@Woodzta
@Woodzta 4 месяца назад
Outside of his humility of the mistakes from the market crash, he does seem like an honest, well meaning guy. It's easy to blame him for the economic issues faced considering his position, but his power was not limitless. It was a huge burden to undertake and he has been frank and direct in his reflections.
@czgibson3086
@czgibson3086 Год назад
What drives him? Utter incompetence? Staggering ignorance? Mindless greed?
@SlowhandGreg
@SlowhandGreg Год назад
From the LSE you know those people that know a thing or two about economics Keeping tax low for the rich does not boost economy Major reforms reducing taxes on the rich lead to higher income inequality but do not have any significant effect on economic growth or unemployment, according to new research by LSE and King’s College London. Researchers say governments seeking to restore public finances following the COVID-19 crisis should therefore not be concerned about the economic consequences of higher taxes on the rich. The paper, published by LSE’s International Inequalities Institute, uses data from 18 OECD countries
@charleswhite758
@charleswhite758 Год назад
Income inequality ? Since when have we been a communist country so interested in equality? We need to be a meritocracy, where the capable float and the useless sink. Life isn't fair.
@johnchessant3012
@johnchessant3012 Год назад
Chopin, Prelude in E-flat major, Op. 28 No. 19
@Kassiusday
@Kassiusday Год назад
@John Chessant , Thank you ! well Nocturne is E flat major I am learning piano with that one : my preferred piece ever ! not sure if Chopin can help in this economic crisis !!
@p.a.ch.3861
@p.a.ch.3861 Год назад
Dame Margaret Hodge said precisely correct about K. Kawteng. UK is not for him to play his ideal
@sagittariusa4855
@sagittariusa4855 Год назад
It’s like directly want to destroy us
@lorddavidlawrence
@lorddavidlawrence Год назад
I'm sick of Eton Mess.
@cromie9581
@cromie9581 Год назад
It’s deffo not his hairline driving him
@hanawana
@hanawana Год назад
completely agree with Dame Margaret Hodge
@martinobrien7110
@martinobrien7110 Год назад
There maybe trouble ahead . . . .
@FerraPizza
@FerraPizza Год назад
Is this an ad?
@d0palwh56
@d0palwh56 Год назад
Anyone know what Chopin piece this is?
@kitfrew9983
@kitfrew9983 Год назад
Oh dear, dear , dear.
@georgesowerby193
@georgesowerby193 Год назад
He went from kings and queens college to the house of con men , he became upwardly mobile , it’s a tradition in some circle’s .
@ec7696
@ec7696 Год назад
God help us
@charleswhite758
@charleswhite758 Год назад
Two people grossly over-promoted beyond their true abilities. I think this government will be a disaster.
@richardfardell3907
@richardfardell3907 Год назад
It already is.
@MrAvocado575
@MrAvocado575 Год назад
on the bright side lets celebrate that "Liz Truss forms most diverse Cabinet in history with no white males in top jobs. For the first time, none of the Great Offices of State is held by a white man"
@eddiefriel1847
@eddiefriel1847 Год назад
Paul Donovan, the chief economist of UBS Global Wealth Management. “Advanced economy bond yields are not supposed to soar the way UK gilt yields rose,” he told clients. “This also reminds investors that modern politics produces parties that are more extreme than either the voter or the investor consensus. Investors seem inclined to regard the UK Conservative Party as a doomsday cult.”
@mariw1298
@mariw1298 Год назад
Totally agree with Dame Margaret. Bible says: Romans 13:8 "Owe no man anything . . . but love."
@Bazingawow
@Bazingawow Год назад
Oh boy, a century of bloodshed. Great
@colinhill9439
@colinhill9439 Год назад
What drives him? Greed pure and simple these people are corrupt.
@lw1zfog
@lw1zfog Год назад
WEF 6uild 6ack 6etter, Ordo ab Chao
@aarononeal9830
@aarononeal9830 Год назад
The bbc needs to talk about Ecosia they are a search engine that plants trees
@goldfinga786able
@goldfinga786able Год назад
Did printing Patel let in the rss or hindutva far right extremist group that was behind the riots in Leicester
@cocos8903
@cocos8903 Год назад
Always.
@reubensher8144
@reubensher8144 Год назад
Just to recap...Winston Churchill..just went to Sandhurst. Period.
@HappySmilyGuy
@HappySmilyGuy Год назад
"Full stop", this is a thread about British politics, not American.
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